WASHINGTON, D.C. (RFD-TV) — The recently passed “One Big Beautiful Bill” Act makes 100-percent bonus depreciation permanent for assets placed in service after January 19 of this year. The change is raising questions among producers about whether the rule also applies to processing facilities located on farms.
RFD-TV Farm Legal and Tax Expert Roger McEowen, with the Washburn School of Law, joined RFD-TV to explain the details.
In his interview with RFD-TV News, McEowen breaks down how the new rule works, whether it covers on-farm processing facilities, and the implications for farmers gifting depreciated equipment to their children after retirement.
McEowen also compared how depreciation recapture would apply under the new 100 percent bonus depreciation rule versus Section 179 depreciation. He emphasized that understanding how these tax provisions interact will be key for farmers planning long-term equipment purchases or transfers within the family.
Firm to Farm: Depreciation of On-Farm Processing Facilities; Ag Liens; Gifting Equipment; and Portability
December 03, 2025 10:12 AM
·
Tryston Beyrer, Crop Nutrition Lead at The Mosaic Company, examines planning trends as producers weigh corn and soybean plantings for 2026.
December 01, 2025 03:27 PM
·
Brooks York with AgriSompo joins us to offer an update on what agents are prioritizing as the calendar year winds down.
December 01, 2025 03:06 PM
·
National FFA President Trey Myers joins Monday’s FFA Today to share his hopes and goals for the 2025-2026 year as he steps into this opportunity to lead and serve the next generation of agriculture.
December 01, 2025 01:00 PM
·
Fair market value shapes taxes, transitions, lending, and sales, making accurate valuation essential for long-term planning.
December 01, 2025 11:21 AM
·
Former Market Day Report anchor Janet Adkison was inducted into the National Association of Farm Broadcasting Hall of Fame, recognizing over 20 years of service sharing stories that impact Rural America.
November 25, 2025 02:43 PM
·
Jake Charleston, with Specialty Risk Insurance, joins us now for an industry update and advice for cattle producers as they consider options for managing the risks of a murky market.
November 25, 2025 01:26 PM
·
The National Milk Producers Federation will launch a new advocacy campaign to secure a final vote, urging House lawmakers to approve the bill as soon as they return from the Thanksgiving recess.
November 25, 2025 01:09 PM
·
AFBF Vice President of Public Policy and Economic Analysis, Dr. John Newton, explains the factors contributing to the growing financial strain in the ag sector and the urgent need for swift economic support.
November 25, 2025 12:40 PM
·
